THAMAN MICHAEL H 4
4 · SHERWIN WILLIAMS CO · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
Sherwin-Williams (SHW) Director Michael Thaman Receives Award
What Happened
Michael H. Thaman, a director of Sherwin-Williams Co. (SHW), was credited with 96.32 deferred stock units on 2026-07-06 as an award under the company's 2005 Director Deferred Fee Plan. The units were valued using a $350.40 weighted-average share price, giving a notional value of $33,751. This was an award/grant (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-06; Form 4 filed 2026-07-08 (timely, within required window).
- Transaction type/code: A (Award/grant of deferred stock units).
- Units credited: 96.32 deferred stock units; price used to compute units: $350.40; notional value: $33,751.
- Holdings reported in the filing: the reporting person’s securities include deferred stock units (this award and dividend reinvestment units) and, separately, 1,100 RSUs plus 7,011 common shares referenced in the filing footnotes. The filing indicates the deferred stock units become payable in shares generally upon separation from service.
- Footnotes: (F1–F3) award is an exempt transaction under the 2005 Director Deferred Fee Plan; deferred stock units are economic equivalents of common shares and are payable solely in stock after separation; dividend reinvestment may apply. (F4–F5) additional ownership details (RSUs and shares) are disclosed in the filing.
Context
Deferred stock units are a form of director compensation and are not an immediate cash or open-market transaction. They represent the right to receive shares in the future (generally upon leaving the board), so this award does not indicate an immediate purchase or sale of stock. Such grants are routine for non-employee directors and should be viewed as compensation rather than an active trading signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-07-06$350.40/sh+96.32$33,751→ 5,712.57 total(indirect: Deferred Fee Plan)
- 8,111
Common Stock
[F4][F5]
Footnotes (5)
- [F1]Represents the number of deferred stock units acquired by the Reporting Person, in an exempt transaction, pursuant to the 2005 Director Deferred Fee Plan ("Deferred Fee Plan"). Each deferred stock unit is the economic equivalent of one share of common stock. The deferred stock units become payable solely in stock, generally following the Reporting Person's separation from service as a Director of the Company.
- [F2]Represents the weighted average share price on the transaction date used to determine the number of deferred stock units to be credited to the Reporting Person's account.
- [F3]These securities consist of deferred stock units, held pursuant to the Deferred Fee Plan, and include deferred stock units acquired pursuant to the dividend reinvestment feature of such Plan.
- [F4]No transaction is being reported on this line. Reported on a previously filed Form 4.
- [F5]These securities consist of 1,100 restricted stock units ("RSUs") and 7,011 shares of common stock. Each RSU represents the Reporting Person's right to receive one share of common stock.